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EURUSD Technical analysis 05.02.2016

EURUSD

The pair is traded lower than 1.1200 level prior to the US Non Farm data. It can be assumed that if the numbers would be better than forecasted 190K it will put USD under pressure and the pair, despite being locally overbought, can continue rising.

The price is on …

EURUSD Technical analysis 04.02.2016

EURUSD

The pair left the 1.0800-1.0990 range it traded in for many days. It happened amid the unliklenness of the interest rate hike in the near future. The pair is consolidating and can continue rising if the employment data in the US is weak.

The price is on the upper …

USDCAD Technical analysis 29.01.2016

USDCAD

The pair is traded lower than 1.4035 support level awaiting for the publication of Candian GDP numbers. If they are worse than predicted (+30% against previous 0.00), the pair can obtain stimulus to dicrease which is supported by the rise in oil prices.

The price is on the lower …

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